#amazon-capex

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Artificial intelligence
from24/7 Wall St.
6 days ago

Amazon Has Over 1.56 Million Workers and 1 Million Robots. A Historic Robot vs. Human Contest Dropped a Hint on What Might Come Next.

Amazon is deploying over a million warehouse robots and investing heavily in automation, raising the possibility that robots could soon outnumber human workers.
fromTheregister
3 months ago

Amazon's $200 billion capex plan: No death knell

Specifically, analysts pulled some numbers out of their... hat, and decided that Amazon would end up spending $150 billion on CapEx for 2026. Amazon then proclaimed that it was going to be a lot closer to $200 billion ("no worries, you only missed by the GDP of Croatia"), and the industry spent the next two business weeks just beating the absolute stuffing out of their stock for it. How badly? Shares fell 11% after hours, then kept falling for nine straight sessions - the longest losing streak since 2006 - erasing more than $450 billion in market value. That's more than the entire market cap of most companies that analysts are supposedly experts at evaluating.
Tech industry
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